• Step-by-step guidance through your self-employment and personal income taxes.
• Expanded interview walks you through entering business income and expenses to help you maximize business and personal deductions.
• Creates W-2 and 1099-MISC forms for your employees and contractors (Windows Only).
• Customized for select industries to help spot commonly overlooked deductions.
• Includes one free state preparation and 5 free Federal e-Files—receive IRS confirmation and get your refund in as fast as 8 days. State e-File available in certain states for an additional fee..

Product Description ------------------- If you are a sole proprietor, consultant, contractor or single-owner LLC, TurboTax Hone and Business is the right choice for bug tax savings. Includes one free state preparation and 5 free Federal e-Files—receive IRS confirmation and get your refund in as fast as 8 days. State e-File available in certain states for an additional fee. .com ---- TurboTax Home & Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible, double-checking for accuracy and identifying missing deductions and credits. Includes free Federal E-File. ----------------------------------------------------------------- Everything you need to easily do your personal and business taxes. ----------------------------------------------------------------- Guides you Step by Step through Self-Employment Income, Deductions, and Credits for your Biggest Tax Refund ----------------------------------------------------------------- Customizes questions based on your business profile (sole-proprietor, consultant, 1099 contractor, and single-owner LLC) and gives you step-by-step guidance for entering income and expenses. Helps Find Small-Business Tax Deductions ---------------------------------------- Shows you which expenses you can deduct for your vehicle, supplies, utilities, home office expenses, and more, so you get every business deduction you deserve. Identifies Industry-Specific Deductions --------------------------------------- Walks you through tax write-offs by industry to help you spot commonly overlooked deductions. Gets You the Biggest Vehicle Deduction -------------------------------------- Shows you whether you'll get a bigger deduction using actual expenses or the standard mileage rate. Provides extra help for splitting vehicle expenses between business and personal use. Makes Entering Income Easier ---------------------------- Shows all business income types on a single page so you know you've covered all sources of business income. Creates W-2 and 1099 Forms -------------------------- Helps you prepare unlimited forms for employees and contractors. Does all calculations and prints on plain paper. No special forms needed. Mac users must have Internet access to create W-2 and 1099 forms. Simplifies Asset Depreciation ----------------------------- Helps you determine which depreciation method will get you the biggest deduction, then guides you through calculating and reporting depreciation. Streamlines Expense Entry ------------------------- Walks you through all expense categories and provides additional tax deduction suggestions along the way so you can maximize your savings. Offers Extra Guidance for New Businesses ---------------------------------------- Shows the startup deductions new businesses can take. ------------------------------------ Also includes everything in Premier: ------------------------------------ Helps You Get the Most from Your Investments -------------------------------------------- Imports Your Investment Info ---------------------------- Saves time by automatically importing your investment info directly from your financial institution. Helps You Accurately Report Investment Sales -------------------------------------------- Walks you through reporting sales of stocks, bonds and mutual funds. Automatically calculates capital gains/losses and keeps track of those that carry over to future tax returns. Determines Your Cost Basis -------------------------- Finds your accurate purchase price for stock sales, in three easy steps. Helps with Employee Stock Plans ------------------------------- Guides you through reporting sales and automatically determines your correct basis for selling shares purchased at different times or different prices. 401(k) Maximizer ---------------- Shows you how to increase your 401(k) contribution without decreasing your take-home pay. Helps You Find Every Rental Deduction ------------------------------------- Finds over 20 deductions for landlords, from travel to advertising to repairs to insurance. Shows Your Best Rental Depreciation Method ------------------------------------------ Simplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction. Maximizes Refinancing Deductions -------------------------------- Guides you through deducting points, appraisal fees, costs, and more so you don't miss a single chance to save. Helps with New Rental Properties -------------------------------- Shows you step by step how to set up new rental properties. Why TurboTax Home & Business is the easiest choice for you... TurboTax Home & Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible. Choose TurboTax Home & Business if any of the following apply to you: * You are a sole proprietor, consultant, 1099 contractor, or single-owner LLC * You receive income from a side job or self-employment * You prepare W-2 and 1099-MISC forms for employees or contractors * You file your personal and business taxes together If you own an S Corp, partnership, C Corp, or multiple-owner LLC, choose TurboTax Business ( http://www..com/dp/B00440D8OM ). Why make the switch? TurboTax is easy and it could save you money. Leading Tax Store TurboTax Asks you questions and fills in the right tax forms Gets you every deduction and credit you deserve Tips and advice tailored to your unique tax situation Support in case of an audit (fees may apply) Handles tax impact of changes in your life Years of expertise to help answer your questions Up-to-date with all the latest tax laws Federal efile included at no extra charge Prepare and file your taxes anytime, 24/7 Do your taxes yourself, without leaving home Finds All Tax Deductions and Credits You Deserve to Get Your Biggest Refund ----------------------------------------------------------------- Start your return and efile with Turbotax today. Intuit will submit your return when the IRS starts accepting them on January 14, 2011. The IRS will email you a confirmation within 48 hours.